
The U.S. Department of Treasury and Israel’s Ministry of Finance on Sunday established a bilateral partnership that will focus on protecting financial infrastructure and countering ransomware, part of the Biden administration’s push to strengthen international cooperation in combatting ransomware. “Harnessing both the power of international cooperation and of technology innovation will position us to support economic competitiveness, prosperity, and to combat global threats including ransomware,” Wally Adeyemo, deputy Treasury Secretary, said in a statement. “As the global economy recovers and…